The Net Worth Approach to Fiscal Analysis : Dynamics and Rules

Dynamics and Rules

The Net Worth Approach to Fiscal Analysis : Dynamics and Rules
The net worth approach to fiscal analysis is cast in a simple model able to capture the dynamics and steady-state equilibria of public sector's debt, nonfinancial and financial assets, and net worth under alternative fiscal rules, including the golden rule and the golden rule cum debt stabilization fund. The paper also presents an adaptation of... READ MORE...

Publication date: January 2006
ISBN 9781451862775
$15.00

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